(Update) Microsoft steps back on new Xbox Live Gold price

Going for gold?

[Update: In a welcomed reversal, Microsoft has announced it is not going to change the price of Xbox Live Gold. Not only that, but it is changing its policy on free-to-play games. In the coming months, players will no longer need a paid subscription to play free-to-play games on Xbox consoles.]

Microsoft has announced that it will increase the cost of its Xbox Live Gold paid subscription service. The new pricing program will have a one-month sub-increase by $ 1 ($ 10.99), a three-month sub-increase by $ 5 ($ 29.99) and a six-month sub-increase by $ 20 substantial ($ 59.99) with prices naturally adjusting for each local currency in the territories.

“We periodically evaluate the value and price of our services to reflect changes in regional markets and continue to invest in the Xbox community,” said Microsoft on its official blog. “In many markets, the price of Xbox Live Gold has not changed for years and in some markets, it has not changed for more than 10 years.”

Microsoft is currently contacting its Xbox Live Gold subscribers and notes that the new price will take effect 45 days after this notice is sent. Microsoft has also clarified that all subscribers who choose to upgrade their Xbox Live Gold accounts to Xbox Game Pass Ultimate will have any and all time remaining on their current Live Gold account. So if you have 10 months of Xbox Live Gold left and choose to upgrade, that will become 10 months of Xbox Game Pass Ultimate.

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